Economists have suggested a variety of policies for the adjustment of balance of payments. The broad policies of adjusting internal demand or changing the foreign exchange rate to adjust the balance of payments have been ...

On one hand, post-War writings on economic growth and the balance of payments have concentrated on the effects of growth on international payments accounts. On the other hand, literature on monetary growth theory, initiated ...

This dissertation investigates the issues of bus frequency, modal split, bus service subsidy and bus size in the context of a generalized cost steady-state model. In the literature on transportation, these types of models ...

In spite of the drastic changes in the economy and in the labor market, wage differentials across manufacturing industries have been persistent over the last 3a years in Korea. A two-step approach is adopted to analyze the ...

The three-sector general equilibrium model of the Dutch Disease developed by
Corden and Neary (1982) is adapted to a computable multisectoral framework to
enable a comparison between the qualitative predictions of the ...

The main objective of the dissertation is to apply recent advances in modern econometric analysis, namely cointegrating Vector Autoregression (VAR) and Bayesian VAR (BVAR) to a small open regional economy like Hawaii. This ...

The purpose of this study is to examine the effects of three fertility trends--normal, low, and very low--on economic growth, and to estimate the economic value of averted births in terms of market goods. To do this, we ...

One important example of transboundary environmental disruption is the damage that acidification (or acid rain as it is commonly known) causes to forests, lakes, groundwater, soils and human health. While, for years ...

Communal irrigation systems differ in how irrigation leaders and their assistants are compensated by system users. In Northern Thailand, compensation is generally on either an exemption or fee basis. No satisfactory ...